Heliopolis Co. for Housing & Development reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was EGP 136.49 million compared to EGP 39.59 million a year ago. Net income was EGP 91.26 million compared to net loss of EGP 43.34 million a year ago. Basic earnings per share from continuing operations was EGP 0.068 compared to basic loss per share from continuing operations of EGP 0.032 a year ago.
For the six months, sales was EGP 94.75 million compared to EGP 77.92 million a year ago. Net income was EGP 16.06 million compared to net loss of EGP 84.58 million a year ago. Basic earnings per share from continuing operations was EGP 0.012 compared to basic loss per share from continuing operations of EGP 0.063 a year ago.